AVRE vs. DFGR
Compare and contrast key facts about Avantis Real Estate ETF (AVRE) and Dimensional Global Real Estate ETF (DFGR).
AVRE and DFGR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AVRE is an actively managed fund by Avantis. It was launched on Sep 29, 2021. DFGR is an actively managed fund by Dimensional. It was launched on Dec 6, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AVRE or DFGR.
Key characteristics
| AVRE | DFGR | |
|---|---|---|
| YTD Return | 12.50% | 13.37% |
| 1Y Return | 23.34% | 24.65% |
| Sharpe Ratio | 1.58 | 1.60 |
| Daily Std Dev | 16.03% | 16.88% |
| Max Drawdown | -33.29% | -21.28% |
| Current Drawdown | -7.41% | 0.00% |
Correlation
The correlation between AVRE and DFGR is 0.99, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
AVRE vs. DFGR - Performance Comparison
In the year-to-date period, AVRE achieves a 12.50% return, which is significantly lower than DFGR's 13.37% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AVRE vs. DFGR - Expense Ratio Comparison
AVRE has a 0.17% expense ratio, which is lower than DFGR's 0.22% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
AVRE vs. DFGR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis Real Estate ETF (AVRE) and Dimensional Global Real Estate ETF (DFGR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
AVRE vs. DFGR - Dividend Comparison
AVRE's dividend yield for the trailing twelve months is around 3.17%, more than DFGR's 2.62% yield.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
AVRE Avantis Real Estate ETF | 3.17% | 3.33% | 2.57% | 0.61% |
DFGR Dimensional Global Real Estate ETF | 2.62% | 2.77% | 0.59% | 0.00% |
Drawdowns
AVRE vs. DFGR - Drawdown Comparison
The maximum AVRE drawdown since its inception was -33.29%, which is greater than DFGR's maximum drawdown of -21.28%. Use the drawdown chart below to compare losses from any high point for AVRE and DFGR. For additional features, visit the drawdowns tool.
Volatility
AVRE vs. DFGR - Volatility Comparison
Avantis Real Estate ETF (AVRE) has a higher volatility of 2.92% compared to Dimensional Global Real Estate ETF (DFGR) at 2.67%. This indicates that AVRE's price experiences larger fluctuations and is considered to be riskier than DFGR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.